I have been thinking about the concepts of chaos theory applied to the dogecoin charts. Chaos theory states that everything seems to be completely random until you watch over time. Then you can see an underlying pattern in the measurements. (Continued in comments)
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Only way is up 🚀
I’ve noticed this pattern too, is this called speculating?
Yes re occuring patterns definitely play a part in crypto..there is also the mimic motion alot people don’t realize where it will mirror image a drop just in an uptrend almost identically..
Dogecoin is an extremely volatile, chaotic crypto. The more investors there are, the more chaotic it seems to become. So, why not apply chaos theory to the longterm and look for the repeating patterns in the graphs. Sure a lot of the movement is based on hype, but hype is pretty chaotic in itself, so, it should still apply to chaos theory also.
I decided to try to predict what will happen in the next few days to a week. We’ll see if I’m right I guess.
Looks like we are on the last dip. It’s time to buy more Doge!